AUM + Portfolio Moves Update for June

Indian Equity MFs AUM, at INR 2.14 tn, accounted for ~34% of total AUM. Aided by the rally in broader markets, equity AUM rose ~4% over the previous month. Sales in existing equity schemes stood at ~INR 40.3 bn in June against ~INR 54 bn in May. New fund offerings (NFOs) of equity schemes of ~INR 10.7 bn during the month.

Total AUM stands at INR 6.3 tn. It dipped by ~INR 1 13 tn over the previous month. Ratio of large-cap AUMs to mid-cap AUMs Read more

Axis Triple Advantage Fund – Review

Axis Triple Advantage Fund, seeks to help investors take advantage of the benefits of diversification by investing in a mix of three asset classes viz. Equity, Bonds and Gold.

Equity – Long Term Growth Stocks – Most volatile with a 30-40% allocation
Bonds – “Classical” diversification in portfolio Low risk compared to stocks with 30-40% allocation Read more

Make Big Money with Small Savings in Equities not Real Estate

Big Players always make the big money in any business they venture. Now the question arises how do small players create big wealth ? Courtesy – Indian Equities. Data suggests that a a 10 year SIP in Mutual Funds has yielded around 30% returns. So your [1000 / month saving]  120,000 has grown to about 600,000 in 10 years. Now if you switch them to Dividend option, you can easily get at least Rs 30,000 [worst case] as dividend income every year. Reported Dividend income is about 60,000. Read more

HDFC Mutual Funds Review – Beating the Benchmarks

In a somewhat delayed review [FOR March-2010 Quarter], we will review the performance of the the Funds that we have been recommending for quite a long time now.

HDFC Equity Fund - The fund continues to beat the benchmark S&P CNX 500 by a Huge Margin. The fund mainly consists of Large Cap Stocks with some flavor or Midcaps in the Growth sector.
Returns Delivered by HDFC Equity Fund – Data Suggests that 15 year SIP has yielded you 30.09% while a 10 year SIP would have made Read more

Why HDFC’s Prashant Jain Invests in Nitesh Estates ?

HDFC AMC through its fund HDFC Monthly Income Plan Long Term Option has participated in the Anchor Investment Option of Nitesh Estates IPO, currently open for subscription. We don’t care what Citigroup does or other Financial Institution do, however, we have been tracking every move of Sr. Fund Manager Prashant Jain for the past 10 years and this is quite an abnormal move from Mr. Jain, especially in the Real Estate space. Almost all have recommended AVOID Nitesh Estates IPO.

Mr. Jain never took any exposure to real estate stocks except that of Ansal Properties, but then the HDFC Group had participated Read more

No Entry Load – No Agent Commission on ULIPs

High distributor commissions and upfront charges on insurance products appear to be the key areas of contention in the recent regulatory tussle between IRDA and SEBI. From media reports, the finance minister appears inclined towards a no-load model for all financial products over the long term.

We believe insurance companies will need to gradually reduce upfront distributor payouts or may even have to move close to a Read more

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